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Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Garden apartment buildings
4941 Central Dr Stone Mountain, GA 30083-2064
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-3050571
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1983
Total area
4,032 SF
Lot
5.07 ac (220,849 SF)
Zoning code
RM75
APN
18 091 01 024
UPID
US22-3050571
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
F.0.E Block Entertainment Music Venue Theater & Performing Art Venue
-
Willow Run Apartment Complex
-
Soul wave spirituals Alternative Medicine Practice
-
ZoClean General Contractor
-
Junk Bros. ATL Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.70M
Blend (final)
Blend
$3.63M
Owner & transaction history
Willow Run Apt Of Dekalb Cnty · 8 yrs held
Willow Run Apt Of Dekalb Cnty
since 2018
4 recorded transactions
Zoning & alternative use
RM75 · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Stone Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stone Mountain submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.63M
Range $3.26M – $3.99M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$899 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$53,761
Tax year 2024
Assessed value
$3,561,680
Assessed 2024
Previous assessed
$3,186,640
+11.8% YoY
Effective rate
1.51%
On assessed value
Assessed land
$345,600
Assessed improvement
$3,216,080
Land market value
$864,000
Improvement market value
$8,040,200
Total market value
$8,904,200
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1983
Heating
NONE
Cooling
YES
Buildings
12
Stories
1
Units
73
Total area
4,032 SF
Lot
5.07 ac (220,849 SF)
Zoning code
RM75
APN
18 091 01 024
UPID
US22-3050571
Jurisdiction
DE KALB
Zoning & alternative use
RM75 · Stone Mountain, GA
Zoning RM75 · permitted uses
RM75 · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Mountain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Cooling
Yes
Stories
1
Buildings
12
Units
73
Lot
5.07 ac
Current owner
From public records · entity-resolved
Willow Run Apt Of Dekalb Cnty
Individual
Mailing address
25 PHILIPS PKWY, MONTVALE, NJ 07645-1877
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2018
—
Willow Run Apt Of Dekalb Cnty
—
Grant Deed
related
$25,500,000 · Arbor Realty SR
Dec 28, 2011
—
Willow Run Apartments Of Dekalb C
—
Deed Of Trust
related
$384,750,000 · Us Bank NA Series 2007-c1 (te)
May 16, 2007
—
Willow Run Apartments Of Dekalb C
—
Deed Of Trust
related
$384,750,000 · Arbor Commercial Mortgage LLC
—
—
Willow Run Apts Of Dekalb Cnty Lt
—
Deed Of Trust
related
$42,000,000 · Grass Riv R/e Credit Ptrs Ln F
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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